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Can Debenhams’ rebrand save Boohoo Group?

Retail Gazette

After acquiring the distressed department store in 2022, Boohoo Group has pivoted the once-beloved high street favourite into a new direction, reintroducing it as what it claims to be Britains leading online department store with a marketplace model. “The young fashion market has really struggled,” he adds.

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Can Boohoo Group new CEO Dan Finley keep Mike Ashley at bay?

Retail Gazette

The former department store chain is now described by the group as a “capital-light, cash generative and highly profitable [online] marketplace”, stocking 10,000 brands across fashion, home and beauty and delivering an annual gross merchandise value of around £800m.

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Boohoo rebrands to Debenhams Group as it shifts to marketplace model

Retail Gazette

The fast fashion brands saw a 21% drop in sales from 1.2bn to 94m year-on-year. Rebuilt for the future and transformed into Britains leading online department store. The iconic British heritage brand, bought out of administration, has been successfully turned around.

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Resale joins retail: Singapore’s growing appetite for secondhand fashion

Inside Retail

With premium kidswear resale platform Retykle launching pop-ups in Tangs VivoCity and Plaza Singapura, pre-loved fashion isnt just going mainstream; its claiming its rightful place alongside traditional retail. The Tangs VivoCity x Retykle three-week pop-up, part of the beloved department stores Earth Month programming, was a roaring success.

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Japanese exceptionalism: What can we learn from it?

Inside Retail

Bangkok is a good place to start One good place to look for an answer is, ironically, a place where a Japanese department store had to close. The official explanation was that, after 28 years in operation, the department store had reached the end of its lease, but it had also reached the end of its tether.

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Selfridges: Why the best department store in the world is up for sale

Inside Retail

Why would the owners of Selfridges, generally considered to be the world’s best department store, decide to sell the business? To a far greater extent than most other department stores, Selfridges has embraced an experiential retail strategy that many industry leaders see as key to the sector’s survival. billion (AU$3.72

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U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands

Retail TouchPoints

At the same time, the rental and fast fashion sectors are expected to remain relatively flat, and department stores, value chains and mid-priced specialty retail will lose ground. One thing that really stood out to me [in the report] was this tension in the minds of younger shoppers who shop fast fashion,” said Marino.

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